News blog
LPA Group
- BY: Andrew Hore |
- POSTED: 04/11/2011 |
LED lighting and electro-mechanical engineering LPA Group is preparing a planning application for its Tudor Works head office in Saffron Walden and it could be worth much more than its £500,000 book value.
The 1.4 acre site is 100 years old and it is used for manufacturing connectors and stand-by power supplies for rail and airports. It is in a residential area and LPA has identified a new factory site in Saffron Walden.
The application will be for Outline Planning Consent to redevelop Tudor Works for residential use.
LPA has already received offers for the site from more than one housebuilder.
At 40.5p a share, LPA is valued at £4.64m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2011_25.pdfb>
© 2022 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|